Mortsel, Belgium – Agfa today announced that it will implement double-digit price increases across its Digital Print & Chemicals portfolio worldwide, effective January 1st, 2023.
Despite continuous efforts to improve efficiency and constant sourcing optimization these price increases are necessary in order to offset the high inflationary pressures on energy, raw materials, logistics, and salaries.
Vincent Wille, President of Agfa’s Digital Print & Chemicals division, states: “Despite our relentless efforts to contain expenditures, we continue to be confronted with historically high costs for raw materials, logistics, energy and salaries. To ensure that we can supply our customers with innovative products and high quality service, and keep our business sustainable, we cannot increase our product prices. At Agfa we take the competitiveness of our customers very seriously and we have done everything we can in the last year to mitigate these increases, but as we see the inflationary pressure continuing and even increasing, we have no other option but to increase prices, next to our continued efforts to increase efficiency.”